Anderson did not immediately accept the offer, and it is widely believed that he would be a top candidate for a vacancy in Memphis, should the Tigers' current coach, John Capipari, leave to take over the program in Kentucky.
Calipari's decision is expected soon, and the dominoes could fall quickly after that.
Several sources within the Bulldogs' basketball program confirmed that a coaching hire is expected at Georgia by the end of the week at the latest, regardless of Anderson's final decision.
Anderson, a longtime assistant at Arkansas under Nolan Richardson, has also coached at Alabama-Birmingham before taking over the Missouri program two years ago. He currently makes $850,000 per year, but is in high demand after leading the Tigers to a Big XII tournament title and an Elite 8 appearance in this year's NCAA tournament.